If BTT is on a similar track, we might be as little as 2 days away from getting started. (The yellow vertical line above) And in the event of such madness (shooting BTT up to a temporary est . $7b market cap) then I would suggest keeping an eye on the daily . As that provided the best entry/exit signals during the TRX initial bubble top. And, even if BTT doesn't hit 2000 sats , it'll probably guide you to the appropriate exits just the same.
Bring forth the FOMO!
Thereby, you can increase the value of BTT by 23x to match the current tron market cap. Arguably justifiable, given same CEO, same marketing/hype, and the 100m potential user base at BitTorrent.
23x 19 sats = 437 sats.
That price is near identical to the first leg up on TRX run to 2000 sats.
So, arguably, you can justify such an initial run-up.
And once said run up has taken place. Peoples outlook and perspectives change. They will be way more optimistic. They've just made 23x their money. So whats a bit more?
Thereby, entirely plausible that FOMO then takes over, and re-paints the TRX picture to 1000-2000 sats. Which would temporarily at least take BTT to a 7b valuation. Far too high for the current crypto market (which means it'll fall back down straight away)... But also, not that high historically; there were a lot of shit coins in the 1-10b range back in Jan 2018.
Interesting I think!
How much of the above is what I hope will happen vs what I think will happen. I have no idea.
Check out the beginning of Tron:
And now BTT:
It's still very early in the day for Monday still... so we need to see more volume turn up ideally to begin to validate this idea.